(1). To refine an analysis or proposal after a client tells you to try again. The term is typically heard during an embarrassing tap dance after the materials your new analyst prepared for the meeting ended up being a total mess. Next time, you might want to take a peek at the book before you walk into the the meeting, champ.
“I hear what you’re saying, Peter, and we’ll go back after we break up here, sharpen our pencils and get those new estimates to you ASAP … in the meantime, any updates on our last three invoices? Just checking…”
(1). How Ops or Tech tells you they have no interest in doing whatever it is you want them to do.
“Hmm … so, you’d like us to take over the quarterly account performance metrics reporting … well, I think the first step is for us to conduct a level of effort analysis to see if we are able to resource that … we’ll get back to you ….”